Word: ipos
(lookup in dictionary)
(lookup stats)
Dates: during 1993-1993
Sort By: most recent first
(reverse)
Foley's Wall Street winning streak places him in a charmed circle of investors who are cashing in on today's supercharged IPO market. Buoyed by low interest rates that spur investors to seek higher returns in stocks, American companies are raising record amounts of capital that should make 1993 the biggest year ever for IPOs. So far, more than $20 billion has been raised in IPOs this year...
...share on July 13, and by the end of the day was selling at more than $29. Back Yard Burgers, a fast-food chain based in Memphis, Tennessee, offered itself at $6 a share and shot up the next day to $10.25. On average, the price of IPO shares jumps more than 15% in the 24 hours after they are issued...